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303 Reid St 9,100 SF 27% Leased Retail Building De Pere, WI 54115 $1,600,000 ($175.82/SF) 6.33% Cap Rate
EXECUTIVE SUMMARY
Excellent location in downtown De Pere next to St. Norbert's College. Owner occupant location for bar and restaurant, redevelopment, or investment with current leases in place. The Abbey Bar & Grill occupies 6,600 SF. They are willing to sell its longstanding business, leaseback or vacate depending on negotiations. The Abbey Bar and Grill Business with all FF&E is separately listed for sale for $200,000. For Copies of the existing leases and business income please sign the NDA on LoopNet to access the vault.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Year Built
2002
Price
$1,600,000
Price Per SF
$175.82
Cap Rate
6.33%
NOI
$101,280
Percent Leased
27%
Building Height
2 Stories
Building FAR
0.30
Lot Size
0.69 AC
Frontage
200’ on Reid Street
AMENITIES
- 24 Hour Access
- Corner Lot
- Restaurant
- Signage
- Air Conditioning
- Smoke Detector
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- The Abbey
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- The Flour Pot
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| The Abbey | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| The Flour Pot | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | - |
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | WD-955 | Improvements Assessment | $1,387,100 |
| Land Assessment | $135,000 | Total Assessment | $1,522,100 |
PROPERTY TAXES
Parcel Number
WD-955
Land Assessment
$135,000
Improvements Assessment
$1,387,100
Total Assessment
$1,522,100
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303 Reid St
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